Republican State Chairman Tom Wilson

GOP CALLS ON CORZINE TO "ORDER" TRUSTEE'S TO DISCLOSE ASSETS
--Corzine Admits He's In Control of Assets in His Bogus Blind Trust--

Republican State Committee Chairman Tom Wilson released the following statement following Corzine's comments in press accounts today:"Every time we turn around we catch Jon Corzine saying one thing but doing something completely different. Yesterday, Mr. Corzine 'ordered' the trustees of his bogus blind trust to liquidate his Goldman shares amidst revelations of new conflicts. Today, Mr. Corzine should order those trustees to disclose and detail all the assets held by the trust. It's time for him to stop hiding his assets so that voters can understand the true extent and nature of his myriad conflicts.

Two weeks ago when Corzine attempted to defend his voting on a bill that helped him and his millionaire friends make millions in tax breaks. Corzine was adamant that he did not instruct the managers of his trust saying 'I don’t tell them anything.' But yesterday, Corzine admitted to the Star Ledger and New York Times that he had 'ordered' them to sell off his Goldman Sachs stock.

Mr. Corzine refuses to come clean and be honest with voters. This latest revelation demonstrates that Jon Corzine’s blind trust is bogus and he takes an active role in managing his finances. No wonder he did not submit his trust to be approved by the Senate Ethics committee. It would be rejected in an instant because it's a joke.

For weeks, Jon Corzine has refused to shed light on his shadowy finances and the extensive conflicts of interests they pose. Today's revelation shows that Corzine’s Blind Trust is only blind to the people he expects to elect him governor."

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On Ordering His Blind Trust Managers

Two Weeks ago, Corzine Said He Doesn’t Tell His Managers What To Do. "I Have Very Smart People Who Put Things In Limited Liability Companies And Do What Good Investors Will Do We Try To Have Them Be Thoughtful About Things. But I Don't Tell Them Anything." (Jon Corzine, Press Conference on Invisible Government, September 16, 2005)

• "Corzine has no direct control of his finances and is focused on his duties as senator and candidate above all else, Shea said." (John McAlpin and Clint Riley, "Corzine vote aided investment deal," The Bergen Record, September 15, 2005)

But Corzine Yesterday Ordered His Managers To Sell Off His Goldman Stock. "Corzine Ordered His Money Managers Yesterday To Sell Off Any Goldman Sachs Stock He Still Held." (Josh Margolin, "Corzine says 'Sell' and sheds last of his ex-firm's stock," The Star Ledger, September 28, 2005)

• "'In response to press inquiries today, Senator Corzine directed the trustees of his blind trust to immediately complete the steady divestiture of shares of Goldman Sachs from his investment portfolio,' Mr. Shea said in a statement." (David Chen, "Corzine No Longer Holds Shares in Goldman Sachs, Adviser Says," The New York Times, September 28, 2005)

On Getting Reports From His Managers

Two Weeks Ago, Corzine Said He Gets Reports From His Managers Only Once A Year When He Fills Out His Disclosure Forms And Taxes. "First of all I can't speak to it because I don’t know whether it’s been sold, hasn't been sold. I get reports on this only once a year." (Jon Corzine, Press Conference on Invisible Government, September 16, 2005)

• "I am not managing or knowing what the specifics of the transactions are let alone what the structures are." (Jon Corzine, Press Conference on Invisible Government, September 16, 2005)

• "'He sees the finances once a year when he gets the disclosure forms or tax returns,' Shea said. 'It is just not where his focus is in life right now and hasn't been since he started running for the Senate [five years ago].'" (John McAlpin and Clint Riley, "Corzine vote aided investment deal," The Bergen Record, September 15, 2005)

But Yesterday, Corzine Got A Report From His Managers About The Contents Of His Blind Trust. "'Upon receiving these instructions, the trustees informed Senator Corzine that he is, in fact, already completely divested of his holding in Goldman Sachs,' Corzine aide Tom Shea said yesterday." (Josh Margolin, "Corzine says 'Sell' and sheds last of his ex-firm's stock," The Star Ledger, September 28, 2005)

• "Upon receiving these instructions, the trustees informed Senator Corzine that he is, in fact, already completely divested of his holding in Goldman Sachs, [Shea said.]" (David Chen, "Corzine No Longer Holds Shares in Goldman Sachs, Adviser Says," The New York Times, September 28, 2005)